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Nov 25, 2012
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let's begin with the fiscal cliff. as we head into a new week, what happened to the hope that compromise was about to take center stage? >> well, i mean, compromise could still take center stage and i actually believe that it will. i'm optimistic they will avert the fiscal cliff. and you mentioned a couple of senators basically saying that they would abandon their pledge not to ever raise taxes. but i think you have to remember that that will be part of a compromise, but that does not necessarily signal moderation. that was an extreme position to ever have taken. you can say, in spirit, that i don't -- i'm against raising taxes in spirit. however, as a legislator, i have to make choices based on what's happening at that moment in time. and if you have -- if you have a rising deficit and you have a country where the economy is stagnating you may have to, in the short term or for longer periods of time raise revenue and you may have to do that through raising taxes. so to have ever taken that position was an extreme posi
let's begin with the fiscal cliff. as we head into a new week, what happened to the hope that compromise was about to take center stage? >> well, i mean, compromise could still take center stage and i actually believe that it will. i'm optimistic they will avert the fiscal cliff. and you mentioned a couple of senators basically saying that they would abandon their pledge not to ever raise taxes. but i think you have to remember that that will be part of a compromise, but that does not...
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Nov 26, 2012
11/12
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the reality is i don't think the fiscal cliff is not a fiscal cliff. i think it's a slope. i don't think it's going to ruin the economy if it happens over time, but the reality -- the problem is we don't want to cut tax de ww wwe -- we don't want t taxes or increase spending in the middle of an economic downturn. you've got do it where you expect it. the whole fiscal cliff conversation is an acknowledgement that the stimulus actually worked. what we're saying is we don't want to cut the deficit too fast. now when it comes to the fiscal deficit -- >> i want to transition you to the other hot topic that we've been following. it's senator john mccain and his stance or lack thereof now against ambassador susan rice. let me play what he said earlier. i believe it was november 14th and his new line of words, i guess, regarding her possible nomination for secretary of state. let me play it back to back. >> we will do whatever's necessary to block the nomination that's within our power as far as susan rice is concerned. >> she could conceivably get your voros for secretary of state
the reality is i don't think the fiscal cliff is not a fiscal cliff. i think it's a slope. i don't think it's going to ruin the economy if it happens over time, but the reality -- the problem is we don't want to cut tax de ww wwe -- we don't want t taxes or increase spending in the middle of an economic downturn. you've got do it where you expect it. the whole fiscal cliff conversation is an acknowledgement that the stimulus actually worked. what we're saying is we don't want to cut the deficit...
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Nov 25, 2012
11/12
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tomorrow, congress returns to work tackling the fiscal cliff. also monday, the body of late palestinian leader yasser arafat will be exhumed eight years after his death. no questions now about how he may have died. >>> and thursday the gross
tomorrow, congress returns to work tackling the fiscal cliff. also monday, the body of late palestinian leader yasser arafat will be exhumed eight years after his death. no questions now about how he may have died. >>> and thursday the gross
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Nov 27, 2012
11/12
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we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant fiscal restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u
we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant fiscal restraint will send the...
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Nov 29, 2012
11/12
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wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the dollar bill be going the way of the doo-doo. a congressional panel is once again calling for the u.s. to stop printing singles and switch entirely to dollar coins. the nonpartisan panel believes it could save taxpayers money. it's more expensive to produce coins but they last about six times longer than paper bills. and you'll need some extra coins to buy starbucks latest. the coffee king is selling a new brew that will set you back $7 for a grande cup. it's made from a rare been grown in costa rica. if you want to brew a cup at home, a bag of th
wall street got a boost from the fiscal cliff talks. dow added 106 points after being down triple digits earlier in the day. nasdaq gained 23 points. the u.s. economy is growing at a steady pace according to the latest report from the federal reserve. the so-called beige book survey shows a pickup in consumer spending and home sales in october and early november. economic growth improved in nine of the 12 federal reserve districts but superstorm sandy hampered growth in the northeast. could the...
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Nov 28, 2012
11/12
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it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to end after 9 years because they knew there would be huge deficits after that. >> this is not even serious. everybody agrees taxes are going up. taxes are going up on rich people period. the real question is how are you going to pull back on spending? we have a debt larger than our economy because of spending, specifically medicare spending. they are totally unwilling and unserious to even have the conversation. >> let's talk about that issue allen brought up. i had representative chris van hollen on here yesterday. what about slowly raising the age from the future. gett
it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to...
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Nov 28, 2012
11/12
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there's no agreement on the fiscal cliff thing. the president says those republicans, you people, you're just defending your millionaire pals, you're prepared to push us into a recession. who do you think gets the political blame at that point? >> sean: cut spending first. >> yes. >> sean: they won't do it. >> you'll never play politics? >> sean: republicans, i don't hear them advocating for smaller government and cutting spending. >> but you are asking them to negotiate in public when they actually should just be quiet. >> sean: in public, they're capitulating, saying they're giving in -- >> i think that's overriding, and -- overreading it, and pledges don't mean anything, and i like how stuart says "iota." >> sean: coming up, republican senators walk with more questions than answers after their meeting today with ambassador susan rice. coming up, the benghazi cover-up continues to unravel. we'll check in with liz cheney with the very latest. >> i'm more troubled today, knowing, having met with the acting director of the cia, and
there's no agreement on the fiscal cliff thing. the president says those republicans, you people, you're just defending your millionaire pals, you're prepared to push us into a recession. who do you think gets the political blame at that point? >> sean: cut spending first. >> yes. >> sean: they won't do it. >> you'll never play politics? >> sean: republicans, i don't hear them advocating for smaller government and cutting spending. >> but you are asking them...
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Nov 25, 2012
11/12
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will the white house and congress finally see eye to eye on the fiscal cliff? we're just over 24024-inch hours from the start of bargaining time. >>> plus -- >> push one of my kids and i will stab you. >> the crowds are rowdy, rough, and downright rude, and the holiday season has only just begun. -- captions by vitac -- www.vitac.com >>> it is sunday, november 25th. good morning, everyone. i'm randi kaye. overnight protesters clashed with security forces. this was the scene in. cnn's reza sayah is live this morning. how far are they actually spreading now? >> randi, the protests seem to be spreading. according to the interior ministry starting last night and continuing on to terrell morning hours, there were protests, demonstrations in the northern city. according to the government officials, they tried to attack the offices of the muslim breerhood and that's when you had clashes between the muslim brotherhood and their supporters and anti-mohamed morsi protesters. there were a number of injuries there. also reports of demonstrations in the city of as yut. i'm
will the white house and congress finally see eye to eye on the fiscal cliff? we're just over 24024-inch hours from the start of bargaining time. >>> plus -- >> push one of my kids and i will stab you. >> the crowds are rowdy, rough, and downright rude, and the holiday season has only just begun. -- captions by vitac -- www.vitac.com >>> it is sunday, november 25th. good morning, everyone. i'm randi kaye. overnight protesters clashed with security forces. this was...
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Nov 26, 2012
11/12
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the countdown to fiscal cliff is 36 days away. they limit the tax deductions and loopholes instead of the tax rate increases on high earners. the spokesman said it's not realistic and repeated a veto threat. there is a g.o.p. movement to vote against any tax increas increases. the president press secretary counters the administration remains hopeful and optimistic a deal can be reached. this is cyber monday. experts predict americans will spend $1.5 billion in online shopping. fox news told iran exploited media attention on the israeli-palestinian conflict to expand the arms delivery to syria. special from washington starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> brian: is that from the movie or johnny cash? do we know? >> dana: don't know. >> brian: we remember casey anthony is a free woman after being acquited of murdering her daughter in 2011. >> did the jury find the defendant not guilty? so say we all. orlando, orange county, florida, 5th day of july, 2011. >> brian: investigators i
the countdown to fiscal cliff is 36 days away. they limit the tax deductions and loopholes instead of the tax rate increases on high earners. the spokesman said it's not realistic and repeated a veto threat. there is a g.o.p. movement to vote against any tax increas increases. the president press secretary counters the administration remains hopeful and optimistic a deal can be reached. this is cyber monday. experts predict americans will spend $1.5 billion in online shopping. fox news told...
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Nov 25, 2012
11/12
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weekend, not much public evidence of any real progress on a deal the avoid the fiscal cliff. folks here in washington are wondering if this week will prove a turning point for republicans and democrats. members of congress expressed optimism sunday about the prospects for reaching a deal to avoid the fiscal cliff. a series of tax increases and spending cuts next year that could do serious damage to the economy. they also sounded warnings. >> we can and must get an agreement. otherwise i think first of all the markets are going to start reacting. >> it's not a done deal and not a certainty. if congress does nothing, which congress has gotten pretty good at doing these days, we'll go over the fiscal cliff. >> reporter: staffers have been working behind the scenes to find common ground to prevent across-the-board cuts lawmakers say should concern everyone. >> i think you should be worried if you have a fence job we all ought to be worried whether we are dependent upon other aspects of the federal budget, whether we're worried about the regulation of our food safety, whether we'r
weekend, not much public evidence of any real progress on a deal the avoid the fiscal cliff. folks here in washington are wondering if this week will prove a turning point for republicans and democrats. members of congress expressed optimism sunday about the prospects for reaching a deal to avoid the fiscal cliff. a series of tax increases and spending cuts next year that could do serious damage to the economy. they also sounded warnings. >> we can and must get an agreement. otherwise i...
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Nov 27, 2012
11/12
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whereas businesses are not, and businesses tend to be more worried about things like the fiscal cliff, they're more worried about the troubles in europe, they're more worried about the slowdown in china. you do have the disconnect. the big concern is which way is it going to go? who is going to win this tug-of-war? so far it's the consumer but let's hope it's not the other direction because as i said, let's hope that the businesses will eventually come around to thinking about things the way consumers are. . >> brown: nancy cohen, i want to come back to you on the question of online shopping and the changed landscape. does the rise of online shopping have a real impact on the economy or is it sort of shifting, transferring, where people buy their things? >> well, that's a very open question, partly because this is so new. the marriage and the magic of online plus brickes and mortar. i mean, there's no question people are visiting online web sites more often than they do stores. whether that adds up to incremental organic growth is a question we just don't know. remember, we're startin
whereas businesses are not, and businesses tend to be more worried about things like the fiscal cliff, they're more worried about the troubles in europe, they're more worried about the slowdown in china. you do have the disconnect. the big concern is which way is it going to go? who is going to win this tug-of-war? so far it's the consumer but let's hope it's not the other direction because as i said, let's hope that the businesses will eventually come around to thinking about things the way...
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Nov 25, 2012
11/12
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keep us from falling off the fiscal cliff. on tuesday we'll be talking about yasser arafat. his body is going to be exhumed. he is the late palestinian leader. eight years after his death this is happening. it's all part of an investigation to see if he was murdered. he died suddenly at age 75, and some think that he was poisoned. on wednesday keep your eyes out for the true symbol that christmas is approaching. of course, that's the rockefeller center christmas tree. it's going to be lit on wednesday, and this year it will be decked out with more than 30,000 colored lights. if you miss it, if you miss the lighting, don't worry. it will remain lit through january 7th, so maybe you'll have a chance to check it out. and on sunday this is something we're really excited about here at cnn. the tradition continues. cnn will honor the top ten cnn heroes of 2012. this is a favorite of mine to watch. anderson cooper will be hosting it on sunday night. you can catch it here live at 9:00 p.m. eastern time only on cnn. >>> we've got a goo
keep us from falling off the fiscal cliff. on tuesday we'll be talking about yasser arafat. his body is going to be exhumed. he is the late palestinian leader. eight years after his death this is happening. it's all part of an investigation to see if he was murdered. he died suddenly at age 75, and some think that he was poisoned. on wednesday keep your eyes out for the true symbol that christmas is approaching. of course, that's the rockefeller center christmas tree. it's going to be lit on...
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Nov 26, 2012
11/12
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and just 35 days left until we reach the fiscal cliff. a lame duck congress heads back to capitol hill beginning this afternoon. we're seeing a hint of compromise in the air. several key republican senators signaling that they are willing to consider breaking their no tax vows to get a budget plan passed. according to a new cnn/orc poll, that's exactly what you want to hear. 67% say a mix of tax hikes and spending cuts is the best way to avoid a fiscal cliff crisis. cnn political editor paul steinhauser, he is live in washington for us this morning. nice to see you, paul. so falling off the fiscal cliff means severe spending cuts and tax hikes, automatically kick in. so how worried are most americans? i understand you have some numbers for us. >> i do have more numbers from that new cnn/orc national poll. americans are concerned about how it will affect them directly. almost four in ten said if the country falls off the fiscal cliff they will be impacted a great deal. or somewhat. look at this. another four in ten say somewhat. only about
and just 35 days left until we reach the fiscal cliff. a lame duck congress heads back to capitol hill beginning this afternoon. we're seeing a hint of compromise in the air. several key republican senators signaling that they are willing to consider breaking their no tax vows to get a budget plan passed. according to a new cnn/orc poll, that's exactly what you want to hear. 67% say a mix of tax hikes and spending cuts is the best way to avoid a fiscal cliff crisis. cnn political editor paul...
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Nov 26, 2012
11/12
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economists warn today people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something heating up again state senator from the bay area wan >>> there's been a second fire at a clothing fire in bangladesh, two days after another fire killed more than 100 workers. this is new video of the latest fire. the fire department believes everyone did get out safely. thousands took to the streets today demanding justice. officials say that building had no emergency exits when the fire broke out, workers above were trapped. the factory made products for wal-mart and other companies in the u.s. and europe. the bangladesh government has declared tomorrow a national day of mourning. >>> happening no
economists warn today people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign...
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Nov 28, 2012
11/12
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is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on further investments. >> this robot is a good quality robot. phowever, we want to buy the brand-new version that is made in germany. we are pausing right now because of the fiscal cliff. there is so much uncertainty about what will happen in the future. we are not pulling the trigger to by the german robot. >> the prospect of falling off the fiscal cliff frightens more than just greenblatt. numerous business owners across the country are withholding investments in choosing not to hire new workers. that is because numerous tax advantages expire at
is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on...
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Nov 28, 2012
11/12
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. >>> they are trying avert the fiscal cliff and if presented they will -- prevented they will talk about the need for taxes going up. in the afternoon, president barack obama will meet with ceos with more than a dozen major u.s. companies including home depot and comcast. >>> for only the 7th time in history, the president's swearing in date falls on a sunday and following tradition, president barack obama will privately take the oath of office on sunday january 20th and then the public inoculation will be -- inauguration will be sunday. >>> he frequently visits the plaza and unusual charges started showing up on her husband's credit card several months ago. >> there was $700 at washington state. 2600 at mcdonald in nevada and $1.50 at embassy sweet and some -- suite and someplace i never heard of. >> the pub owner said he is spending $10,000 to upgrade his computer system and most of the banks had charges that were not theirs as well. >>> and a shooter targeted a house filled with people including children. we will have more from gilroy. >>> she was sexually abused in the $1,990. a scie
. >>> they are trying avert the fiscal cliff and if presented they will -- prevented they will talk about the need for taxes going up. in the afternoon, president barack obama will meet with ceos with more than a dozen major u.s. companies including home depot and comcast. >>> for only the 7th time in history, the president's swearing in date falls on a sunday and following tradition, president barack obama will privately take the oath of office on sunday january 20th and then...
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Nov 28, 2012
11/12
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cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are arrested and accused [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> a manhattan nanny has pleaded not guilty in the stabbing deaths of two children in her charge. ortega was arraigned in morning at hospital where she is being treated for self-inflicted stab counts she accused of killing a 6-year-old girl and her 2-year-old brother last month in the family's apartment. the family recently moved to new york from san francisco, the father worked at bloomberg and yahoo. >>> pr
cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are arrested and accused [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united...
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Nov 22, 2012
11/12
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FBC
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melissa: so the fiscal cliff is four days away. what are we to overcome a good deal to avoid it seems taxes are going up. i thought the tea party would save us. wasn't that their rally cry in the first place? to him i is and co-author of the book. why deprive of our public depends on our honor. are you guys going to stop this somehow? >> i think it is something the tea party has put massive amounts of energy into it if you think about it, the democrats fight the republicans, republicans fight the democrats, the tea party has to fight on both fronts. it requires extra amount of strategy and foresight and vision remembering the tea party is really only four years old but has regrouped. the tea party is very committed to getting involved in infiltrating the g.o.p. on the local level, that is all still happening very actively. melissa: it sounds like i'm about to be taxed to death. i could go to bermuda, but that is about it. other than that, it is going to happen. >> some things will happen, but i do think the tea party people who hav
melissa: so the fiscal cliff is four days away. what are we to overcome a good deal to avoid it seems taxes are going up. i thought the tea party would save us. wasn't that their rally cry in the first place? to him i is and co-author of the book. why deprive of our public depends on our honor. are you guys going to stop this somehow? >> i think it is something the tea party has put massive amounts of energy into it if you think about it, the democrats fight the republicans, republicans...
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Nov 26, 2012
11/12
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but keep in mind, the wall street and main street had a strong start to the season, the fiscal cliff is closer as christmas draws near and buyers and businesses may get more worried holding on to their wallets in the shadow of that cliff, harris, back to you. >> brenda, thank you. brand new video after pretty nasty mall brawl from black friday. this was the scene shortly after midnight as shopping mall here sacramento, california, you've got to be kidding me. fists flying, here is why. apparently it was over women's underwear and an employee at the victoria's secret where the fighting began says it's the worse they've seen. >> and for like six years now and i've never seen a black friday in bad and some people got trampled out and on top of the bars and they had to come off the table. >> that must have been one heck of a sale. the store was cleared out and the man kept rolling despite the black eyes that were given on black friday and he says it doesn't surprise him. >> the wrong place at the right time. >> does your opinion of black friday change after all of this. >> not so much. i
but keep in mind, the wall street and main street had a strong start to the season, the fiscal cliff is closer as christmas draws near and buyers and businesses may get more worried holding on to their wallets in the shadow of that cliff, harris, back to you. >> brenda, thank you. brand new video after pretty nasty mall brawl from black friday. this was the scene shortly after midnight as shopping mall here sacramento, california, you've got to be kidding me. fists flying, here is why....
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Nov 26, 2012
11/12
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CNBC
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on solving the fiscal cliff? >> everyone's talking about how can we get republicans to cave on tax increases? >> the reason we have an impending debt crisis is because we're spending more. raising taxes isn't going to deter the debt crisis coming down the pike. we need to focus on spending. we need to get president obama and senate democrats to say what spending they'll cut and how to change entitlement. >> did you hear what jay carney said in the last few minutes? he said social security, by the way, off the table. we're not going to discuss this while we do the fiscal cliff discussions. i mean, we're already there. raising taxes but not cutting spending. >> and that's exactly the point. >> social security is funded separately. it has it's own line item, it's a separate bill -- >> until the money runs out? then what do we do? >> that's not the point right now. >> it is. >> no, it's not. you won't solve those problems by going after the fiscal cliff. >> the only thing derailed is the conversation on what matters.
on solving the fiscal cliff? >> everyone's talking about how can we get republicans to cave on tax increases? >> the reason we have an impending debt crisis is because we're spending more. raising taxes isn't going to deter the debt crisis coming down the pike. we need to focus on spending. we need to get president obama and senate democrats to say what spending they'll cut and how to change entitlement. >> did you hear what jay carney said in the last few minutes? he said...
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Nov 24, 2012
11/12
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beware the fiscal cliff. you will hear this at the thanksgiving dinner table. when someone inevitably brings up the fiscal cliff and how our sky rocketing deficit is a huge danger to us, do not crawl under the table. do not give up on thanksgiving. help your giant uncle understand that what he is freaking out about is not true. it is easy. there are visual aids that might help. look. first of all, the amount of money borrowed by the government has been going down, not up. it has been going down. our own steve bennett made you this chart. the red bar is the deficit in '09 when president obama took office, and inherited the big deficit from president bush. over the next three years president obama cut the deficit. he cut it by $200 billion just from last year to this year. so the deficit isn't growing. it's shrinking by a lot. seriously the folks at investor's business daily calculated that the deficit is falling faster than at any time since the end of the second world war. the deficit is falling so fast it might not be able to fall any faster without sending us
beware the fiscal cliff. you will hear this at the thanksgiving dinner table. when someone inevitably brings up the fiscal cliff and how our sky rocketing deficit is a huge danger to us, do not crawl under the table. do not give up on thanksgiving. help your giant uncle understand that what he is freaking out about is not true. it is easy. there are visual aids that might help. look. first of all, the amount of money borrowed by the government has been going down, not up. it has been going...
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Nov 24, 2012
11/12
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s rising stars. >> the fiscal cliff is a creation of the political branch in washington, d.c. and an example of a dysfunctional process. that threatens our economy and millions of people across our economy. pete: is stalemate in washington stifling the economic recovery? joining us this thanksgiving week, peter baker of "the new york times." molly ball of "the atlantic." and jim tankersly of "national journal." >> award winning reporting and analysis. covering history as it happe. from our nationas capital, this is "washington week with gwen ifill." produced in association with "national journal." corporate funding for "washington week" is provided by -- >> we know why we're here. to chart a greener path in the air and in our factories. to find cleaner, more efficient ways to power flight. >> and harness our technology for new energy solutions. >> around the globe the people of boeing are working together. to build a better tomorrow. >> that's why we're here. >> this rock has never stood still. since 1875, we've been there for our clients through good times and bad. when their
s rising stars. >> the fiscal cliff is a creation of the political branch in washington, d.c. and an example of a dysfunctional process. that threatens our economy and millions of people across our economy. pete: is stalemate in washington stifling the economic recovery? joining us this thanksgiving week, peter baker of "the new york times." molly ball of "the atlantic." and jim tankersly of "national journal." >> award winning reporting and analysis....
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Nov 28, 2012
11/12
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KOFY
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cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are [ male announcer ] are you ready for tomorrow'ss technology today? then switch to a at&t u-verse t. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hbo and cinemax and get the first three months free. plus you can bundle tv and u-verse high speed internet with speeds up to 24 megs. [ male announcer ] our total home dvr lets you record four shows at once... and play them back in any room. every channel is in 100-percent, crystal-clear digital picture and sound. and you can upgrade to get 170 hd channels -- that's more than cable. [ megan ] so call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hb
cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are [ male announcer ] are you ready for tomorrow'ss technology today? then switch to a at&t u-verse t. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life....
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Nov 26, 2012
11/12
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KOFY
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economists warn today people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ mal
economists warn today people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign...
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Nov 26, 2012
11/12
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CNNW
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the country is teetering on a fiscal cliff right now. and now a rare sighting of an endangered species here in washington. we're talking about compromise. some powerful republican lawmakers are rethinking their anti-tax pledge. i'll talk about wit the number three gop leader in the house of representatives. >>> plus, how iran is rearming hamas in the wake of its latest battle with israel. >>> i'm wolf blitzer. you're in "the situation room. " >>> republicans contemplating tax hikes. democrats weighing entitlement cuts. positions largely unthinkable not that long ago. they're taking shape going toward the fiscal cliff w. the new year, severe tax increases and severe spending cuts will automatically take effect unless congress and the white house reach a debt reduction agreement and there are signs each party's sacred cows may be up for slaughter. i want to pick your brain on how far you're willing to go in that area as far as medicare cuts, social security, raising the retirement age, along those lines. all of that is on the table, right?
the country is teetering on a fiscal cliff right now. and now a rare sighting of an endangered species here in washington. we're talking about compromise. some powerful republican lawmakers are rethinking their anti-tax pledge. i'll talk about wit the number three gop leader in the house of representatives. >>> plus, how iran is rearming hamas in the wake of its latest battle with israel. >>> i'm wolf blitzer. you're in "the situation room. " >>> republicans...
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Nov 29, 2012
11/12
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KGO
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will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions and millions of americans are lining up to take a chance on a giant dream. a powerball ticket that could be worth more than half a billion dollars. the biggest in its history. the drawing is tonight. and some people have been willing to wait 2 1/2 hours in the long lines in arizona, while coast to coast, tickets are flying across the counters, 130,000 sold every minute. and that adds up to 7 million tickets sold every hour. so, we asked abc's steve osunsami to make his way into the vault where the lottery balls are kept under lock and key and tell us about all the americans hoping tonight is their night. >> rep
will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions...
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Nov 29, 2012
11/12
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FBC
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maybe a lttle less conversation and more on the fiscal cliff. that is my "2 cents more," and that's it for tonight. thank you for joining us. have a great night. we'll sererere tomorrow. ♪ lou: good evening, everybody. more than 200-point swing in the stock market today, but at the end of the days of volatile session the dow jones industrial had a triple digits gain. anxious investors worldwide, however, have been selling stock on concerns about the impending peril of the so-called fiscal cliff. president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all of that up and more here toight with bedford open geyser c
maybe a lttle less conversation and more on the fiscal cliff. that is my "2 cents more," and that's it for tonight. thank you for joining us. have a great night. we'll sererere tomorrow. ♪ lou: good evening, everybody. more than 200-point swing in the stock market today, but at the end of the days of volatile session the dow jones industrial had a triple digits gain. anxious investors worldwide, however, have been selling stock on concerns about the impending peril of the so-called...
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Nov 29, 2012
11/12
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congress designed the fiscal cliff. i think probably senator thune from south dakota is making the most sense last night saying maybe we should kick the can down the road for six months instead of trying to rush it i'm not a fan of kicking the can down the road, that's what congress does. in this case, you have everyone scrambling, trying to examine the ramifications of the election. you have new people coming in. some of the people voting were thrown out of congress. why not wait until the 1st of the year. >> kicking the can, you look at markets today. you have global markets up. stock futures are up. the stock market was up yesterday because this whole idea of optimism from john boehner and the president that this could get done by the end of the year is something the world wants to see. you look at our polling. our polling shows, and the most recent poll from abc news/"washington post," 60% of people support raising tacks on incomes over $250,000 per year. isn't the argument of kicking the can down the road losing so
congress designed the fiscal cliff. i think probably senator thune from south dakota is making the most sense last night saying maybe we should kick the can down the road for six months instead of trying to rush it i'm not a fan of kicking the can down the road, that's what congress does. in this case, you have everyone scrambling, trying to examine the ramifications of the election. you have new people coming in. some of the people voting were thrown out of congress. why not wait until the 1st...
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Nov 28, 2012
11/12
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FOXNEWSW
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something tells me again i think we'll have another fiscal cliff panel soon. next up, harry reid and the nuclear option. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> filibuster is far from a procedural gimmick. it's part of the fabric of this institution we call the senate. it was well-known in colonial legislature before we became a country. and it's an entry federal part of our -- entr intri gal part of our history. >> it's a fundamental power grab by the majority party. >> checks and balances that americans prize are at stake. i will do everything i can to prevent the nuclear option from being invokeed. not for sake of myself or my party. but for the sake of this great republic and its traditions. >> everyone in this chamber knows if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic
something tells me again i think we'll have another fiscal cliff panel soon. next up, harry reid and the nuclear option. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> filibuster is far from a procedural gimmick. it's part of the fabric of this institution we call the...
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Nov 29, 2012
11/12
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KTVU
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small business got the president's ear earlier this week on the impending fiscal cliff. today, president obama meets with mitt romney for a private lunch at the white house. and treasury secretary tim geithner will hold talks with congressional leaders about reducing the deficit while keeping the economy growing - a lot of input being gathered on how to resolve the inevitable. president obama met with his cabinet wednesday for the first time since his re-election. but otherwise, his schedule has been filled with business leaders and resolving the fiscal crisis sooner rather than later. "families need confidence to go out and spend going into christmas." tuesday, leaders from small business gave their views. "i said the more people have money in their pocket, the more they'll spend and we'll do better." "i suggested raising the minimum wage, tying it to an inflation index, and national leadership in online retail taxes." and there's a concerted public effort: the white house website features an appeal to "speak out to keep taxes from going up on the middle class." "if con
small business got the president's ear earlier this week on the impending fiscal cliff. today, president obama meets with mitt romney for a private lunch at the white house. and treasury secretary tim geithner will hold talks with congressional leaders about reducing the deficit while keeping the economy growing - a lot of input being gathered on how to resolve the inevitable. president obama met with his cabinet wednesday for the first time since his re-election. but otherwise, his schedule...
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Nov 23, 2012
11/12
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MSNBCW
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theith the dow dropping signifily after the election on fiscal cliff happen? people are starting to pull money out of stocks and dividend dividends a little les valule. thatee the market continue to go down resolved and could see a plunge if we hit january 1stnto effect. he flip side of that, if washington actually gets i resolve this in a better wthan could have a prett good economy weoupickup in the stock market. if they make a deal that's not expected, i think wwould see an immediate impact. i think we're going to see a deal that comes out of dribs and of a lastg minute thing and al see it coming when it does tend fiz bole, the cbo, ben bernanke who coined the term fiscal cliff. they have predicted if a deal is not reached, the conen any chance that if a deal is not reachethat perhaps that's an overstatement? >> we need to keep in mind, this is not one measure that's an all or nothing type of deal. the taxes we keep hearing about are ne different ss of taxes then there are the spending cuts which affect literally hundreds and hundreds of government allo so
theith the dow dropping signifily after the election on fiscal cliff happen? people are starting to pull money out of stocks and dividend dividends a little les valule. thatee the market continue to go down resolved and could see a plunge if we hit january 1stnto effect. he flip side of that, if washington actually gets i resolve this in a better wthan could have a prett good economy weoupickup in the stock market. if they make a deal that's not expected, i think wwould see an immediate impact....
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Nov 24, 2012
11/12
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a deal to avert the fiscal cliff is looking more likely. it is. but i've been disappointed by this congress before. millions of americans are counting on you, congress, to save their jobs and their financial futures. do it. we'll all be celebrating like scrooge on christmas morning.
a deal to avert the fiscal cliff is looking more likely. it is. but i've been disappointed by this congress before. millions of americans are counting on you, congress, to save their jobs and their financial futures. do it. we'll all be celebrating like scrooge on christmas morning.
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Nov 26, 2012
11/12
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. >> the fiscal cliff is not going to happen. so the ceiling -- the sky's not going to fall. >> chris: senators jeff session and congressman charlie wrangle on prospects for avoiding the fiscal cliff. liz, is charley wrangle right, the sky is not falling? >> i wouldn't say charlie's not right. i think the potential damage done by going off the fiscal cliff is so significant i would hope even in this town that's very divided people could come together to avoid it. what concerns me is the whole terrain we're on is an argument about whether or not to raise taxes on upper income earners. the argument ought to be is the president willing to put forward spending proposals and cuts that are serious enough to come to an agreement. the president is pushing a fallacy which i've watched some sundays bill kristol buy into on the panel that we can solve our problem. >> chris: that was a great line. >> but no, this notion that we can solve the problem by raising taxes on the upper income earners is ill-advised. >> chris: i'm going to mr. bill
. >> the fiscal cliff is not going to happen. so the ceiling -- the sky's not going to fall. >> chris: senators jeff session and congressman charlie wrangle on prospects for avoiding the fiscal cliff. liz, is charley wrangle right, the sky is not falling? >> i wouldn't say charlie's not right. i think the potential damage done by going off the fiscal cliff is so significant i would hope even in this town that's very divided people could come together to avoid it. what concerns...
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Nov 22, 2012
11/12
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CNBC
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we don't want a deal on the fiscal cliff, we want a good deal on the fiscal cliff. >> right. now this is really key. first of all, i want it say one thing, regarding ben bernanke and his monetary safety net and he did say yesterday that he didn't think monetary policy could offset a fiscal cliff recession. i don't want to get into a lot of fed watching. i'm just saying, i'm not sure the federal reserve will do much more. maybe they will, maybe they won't. now regarding good deals versus bad deals, this is where i disagree with some of think kol a colleagues here. maybe you do too. if this is deal that jacks up tax rates, the capital gains rate, dividend rate, if it has a millionaire surtax as senator collins said, that's not such a hot deal. how would they react to a high tax on investor type of deal. >> they limit investments. they make investments less attractive. the stock market doesn't want a big raise on capital gains and dividends. the stock market is okay with a small one. the best is the 39% ordinary income tax hike. but essentially leave dividends and capital gains
we don't want a deal on the fiscal cliff, we want a good deal on the fiscal cliff. >> right. now this is really key. first of all, i want it say one thing, regarding ben bernanke and his monetary safety net and he did say yesterday that he didn't think monetary policy could offset a fiscal cliff recession. i don't want to get into a lot of fed watching. i'm just saying, i'm not sure the federal reserve will do much more. maybe they will, maybe they won't. now regarding good deals versus...
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Nov 22, 2012
11/12
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what can be done to avoid the fiscal cliff? >> i'm at 187, a shout out to everybody at home. happy thanksgiving and see you guys in a few months, back in nashville. >> i'm harris from the expedition forces and here in bagram, afghanistan, like to give a shout out to my mother. happy thanksgiving, i love you mom and i wish the best of luck to everyone in savannah, georgia. i love you guys. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. hurry in this friday for great deals. like the droid razr by motorola in cranberry, free. or a white 7-inch samsung galaxy tab 2, just $99.99. this friday, get the best deals on the best devices on the best network. exclusively at verizon. >> senator session, you're the ranking on the budget committee. and there are hurdles to g
what can be done to avoid the fiscal cliff? >> i'm at 187, a shout out to everybody at home. happy thanksgiving and see you guys in a few months, back in nashville. >> i'm harris from the expedition forces and here in bagram, afghanistan, like to give a shout out to my mother. happy thanksgiving, i love you mom and i wish the best of luck to everyone in savannah, georgia. i love you guys. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at...
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Nov 27, 2012
11/12
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KNTV
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so there are a lot of things to consider with the fiscal cliff so the fiscal cliff will affect everybody. >>> they're talking more about the gas tax, more money to fly, thank you, sharon. >>> sure. >>> and speaking of the economy and spending, a lot of spending is going on right now, in what most agree is a tough economy. today was the day they called cyber monday because of the volume of on-line shopping. tonight we have a camera inside an amazon.com distribution center in phoenix, where workers are processing a mind-numb amount of processing a mind-numbing amount of orders, they expect to top the amount this year. cnbc's courtney reagan is topping the story for us. she is with us tonight from a legendary retailer, bloomingdales, in mid-town manhattan. >> reporter: good evening, cyber monday used to be a day when people who didn't have a home computer returned to the office to shop on line. well, times changed. the retailers offered deals last week and hope that cyber monday will give the shoppers yet another reason to spend. after a long and for some, chaos-filled thanksgiving day week
so there are a lot of things to consider with the fiscal cliff so the fiscal cliff will affect everybody. >>> they're talking more about the gas tax, more money to fly, thank you, sharon. >>> sure. >>> and speaking of the economy and spending, a lot of spending is going on right now, in what most agree is a tough economy. today was the day they called cyber monday because of the volume of on-line shopping. tonight we have a camera inside an amazon.com distribution...
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Nov 25, 2012
11/12
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FOXNEWSW
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will they come up with a way to avoid the fiscal cliff? finishes this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually e! how illinating. hat's in your wallet? let me guess, am i on the naughty list again? ho ho ho! >> we're relegated to a group of people meeting in secret, plotting some sort of scheme that they think is best for america. >> the fiscal cliff is not going to happen. so the ceiling -- the sky's not going to fall. >> chris: senators jeff session and congressman charlie wrangle on prospects for avoiding the fiscal cliff. liz, is charley wrangle right, the sky is not falling? >> i wouldn't say charlie's not right. i think the potential damage done by going off the fiscal cliff is so significant i would hope even in this
will they come up with a way to avoid the fiscal cliff? finishes this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually e! how illinating. hat's in your wallet? let me guess,...
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Nov 22, 2012
11/12
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CNNW
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. >> spin off to two other quick issues before thanksgiving strikes us, one is the fiscal cliff. charles, you getting the same feeling i am, a more collective will to try and avoid falling off this cliff and get a deal done perhaps sooner rather than later? >> i absolutely do believe that. i believe that, you know, obama had the stronger hand, because if nothing happens, you know, no one wants that to happen and, in fact, the clock is ticking in that direction, and everybody has an incentive to say let's cut some sort of deal. and i do believe that deal will eventually encompass both revenue increases and some sort of structural realignment of some of the entitlement programs, and i actually believe the american people put aside the right and left. the american people actually are desperate to see their government be able to work, to do something. to make it happen. to not go into another situation where we have another downgrade. that is the exactly the option of what we want coming out of this presidential election, where people i think spoke and spoke rather clearly that we're
. >> spin off to two other quick issues before thanksgiving strikes us, one is the fiscal cliff. charles, you getting the same feeling i am, a more collective will to try and avoid falling off this cliff and get a deal done perhaps sooner rather than later? >> i absolutely do believe that. i believe that, you know, obama had the stronger hand, because if nothing happens, you know, no one wants that to happen and, in fact, the clock is ticking in that direction, and everybody has an...
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Nov 27, 2012
11/12
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the fiscal cliff as everyone terrified. the market is scary. how can people be out there spending more than last year? >> pent-up demand. have been coming every year, hearing about one negative thing after another since the 2008 banking crisis. it has been terrible. people are ready to move on. melissa: they don't just get used to spending less? >> people who are rational. but the average guy out there is broke and is probably always going to be broke. there is nothing hard wired and us to be prudent. we go out and spend everything that we have. and then some. and d you do have -- even though unemployment is high. we have more people in the work force to more people working in a year ago. that helps move us down the line a low bid. melissa: okay. thank you for coming on. great information. so there are plenty of ways to get fired. what about not getting a flu shot? one employer is terminating scores of workers. is it even legal? the details are next. i have been fired, not for a flu shot. plus, green energy requirements help push up electricity
the fiscal cliff as everyone terrified. the market is scary. how can people be out there spending more than last year? >> pent-up demand. have been coming every year, hearing about one negative thing after another since the 2008 banking crisis. it has been terrible. people are ready to move on. melissa: they don't just get used to spending less? >> people who are rational. but the average guy out there is broke and is probably always going to be broke. there is nothing hard wired...
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Nov 25, 2012
11/12
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will they come up with a way to avoid the fiscal cliff? finishes [ male announcer ] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. see if america's most prescribed ed treatment is right for you. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ mal
will they come up with a way to avoid the fiscal cliff? finishes [ male announcer ] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing,...
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Nov 29, 2012
11/12
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CSPAN
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going over the fiscal cliff fiss serious business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >> there are a lot of options on the table, including that one. >> [indiscernible] you are acknowledging that there will. >> the day after the election, i came here and i made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> right, so my question is what message do you have for people who are in the negotiating position or believe that it is inevitable t
going over the fiscal cliff fiss serious business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >>...